About meHi, my name is Ben. I'm a freelance writer by day and a crypto trader by night. If you want entries, targets, or a custom chart, I am happy to help out (for a small fee). I also run a beginner's charting and trading course. Just shoot me a PM for info.
The Stoch RSI has predicted almost every crash in the past 1.5 years when it has been overbought on the daily. This in combination with a bearish pennant is very bad news for BTC. I think 18-20K is finally going to be retested as 28K is the last strong line of support before then. Let's see.
Looks like there could be a multi-year cup and handle building in Monero. RSI and Stoch both thoroughly support this move. Let's wait and see, and hope BTC doesn't fuck everything up like always. If it works out, Monero could shoot up towards 1,000 USD.
FileCoin is such a dangerous investment right now, primarily because it has never completed a market cycle. Probably up around thrill at the moment. Could surge up to around 300 USD (maybe a bit higher) before beginning its long and painful journey backdown. I wouldn't touch this shit with a 20 foot pole right now. Smart traders will take profits soon, or might...
Siacoin has had some big, measured moves up recently, currently down 33% from ATH, but has held the 61.8% fib line as strong support (previously resistance). Also if you look at the Stoch RSI, every time in the past two months it has been this oversold, SC has rallied pretty hard upwards. The RSI is also well above the last two trend reversals, so that's positive....
I have enjoyed playing with pitch fans over the years, and the previous two played out pretty nicely, so here is an updated one for 2021.
In the short to medium term: RSI is strong and allows for a lot of growth, maybe towards 100K, however the stoch is overbought and may require a correction before another move up can happen. Might see a correction to around 42K...
Looks like SC has set up fantastic groundwork for a surge up towards 3.5 cents. RSI is strong but allows for growth. Stoch RSI is oversold and judging from the previous occasions when it was oversold and then volume flooded in we have had a rally of 250%+ and around 200%.
Possible pennant setup in Monero-USDT. Stoch oversold. RSI fairly strong, allowing for growth, waiting for volume, and price to go above the cloud. Would probably need to hit the trigger line before any real action takes place.
Looks like DASH is fuelling up for a big launch. It made some epic gains in January, but during this last run that the other big coins have made DASH hasn't really moved much. Seems like it's forming a bull flag. Looking for a close above the resistance line with some volume. Happy trading.
Ethereum recently plummeted when BTC tanked. The short term, 2 month uptrend was smashed, but the seven month uptrend is still in tact. If this holds, we could see a decent recovery, back up towards 300 USD, if not we could fall back towards 100 USD.
Stoch is well oversold, but the RSI is weak, the ichimoku is imposing, and there is no sign of reversal yet on the...
Here's a possibility: Bitcoin is currently in the middle of a double bottom pattern. After recently hitting almost 14K the price seems to be retracing, although it is possible it may retrace a lot lower than people are hoping. We could see the price come back down to 6K, 5K, and maybe even 3K before finally taking off for the moon.
The RSI is strong, but the...
Potential bull flag developing in BTC. Close above 5300 on the 1D chart would most likely signal a break upwards. Close below 4800 will signal a break downwards.
Stoch RSI is almost oversold. RSI is strong. Let's see.
Massive falling wedge in ZEC. Rescoped a little since my last look. THis looks a lot more legit. All the signs are there for a massive run. RSI is fairly strong, stoch allows for growth. Teetering on the edge of wedge resistance. Price has been hanging around above the kumo for weeks.
What a truly depressing year it has been for crypto. Oh well, I've thought for a long time that we missed the correction at 10K and that we would pay for it, and we are, big time. Among other large factors of course.
Anyway, I dusted off this old chart that I hoped I would never have to use again showing strong support zones. Support zone 1 held really strong for...
This is a no brainer. Accumulate in the zone and hodl. PIVX has hit rock bottom recently and has established a slight up trend with intermittent spikes in price. RSI is strong. Stoch allows for growth. Price is above the kumo for the first time in 6 months. All positive signs. Just need to be patient.
Monero looks like a good buy at the moment. Almost completed the market cycle and building a falling wedge. Stoch is oversold. Might take a while to get started in this depressing market, but a good spot to accumulate.